When Silver and Gold Mean Survival

in silver •  7 years ago 

Silver and gold have proven themselves time and time again as a way to perform wealth. However, for some, they have been the difference between starvation and survival.

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So true. At today's super sale prices, everyone should acquire some silver.

Do you really think we will get to a barter situation in the western world? I know it's happened in Russia and Venezuala not to mention others but in the UK, US, etc? The west runs on Just in time credit delivery, I can't see barter working. Surely the government would put an alternative credit solution in place before it got to that, because if it did it would be very dire circumstances!

Do you all think that junk silver is a good survival prepping silver to get and hold on to?

It's great because the silver especially in dimes is more suited for small transactions. However, I still prefer .999+ bullion.

fractional .999 silver would be good to have as well

  ·  7 years ago (edited)

Unless you are referring to pre-65 US coins as junk silver, everything else is just junk. In times of crisis, bullion or silver coin will be the only barter-able silver as their value is easily quantifiable. Sorry, I don't want you chains, flatware or candlesticks.

Everyone should be holding some silver coins as security.

Agreed.

Interesting concept let's just hope things don't collapse that bad. If they do food, water, and protection might be more valuable.

Yep.

Very interesting video. I've heard the same of people in italy during WW2 selling a gold chain link by link to survive. Or in Zimbabwe, panning for gold just to eat.

We can ask the folks who lived in the former USSR, Greeks & Venezuelans how gold helped them.

Metals will save your bacon 🥓 one day.

I think silver coin is a must have thing now a days
@silverfortune You are doing a great job keep it up lets support each other follow for follow back n keep supporting each orher.
I see your profile quite intresting you are doing great work keep it up dude

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WHAt ???

Commenting the same thing on every post? Spam.